Before you start betting on horse racing, you should be familiar with the various types of bets you can place.
It’s because, similar to betting on sporting events, there are many types you can place on the racecourse. Knowing how each one is made could help you place the right types at the correct time. This could lead you to more favorable results.
Here are some examples of bets you can place on horse racing betting.
The simplest kind of bet you can place when betting on horse racing is a win. This type of bet is simple: Pick the horse you believe would finish first.
You can place a bet by picking the horse you believe would finish in the top three, four, or five places depending on how many horses are involved in the race. Your horse must place Sbobet Online first or second if there are less than eight runners. Your horse must place first, second or third if there are eight runners. If there are sixteen horses or more, your horse should be in first, second or third place.
You can place both a Win and Place bet on horses by placing an Each-Way wager. If you place an Each-Way wager of PS10 on horse, it will place a PS10 bet for it win and another PS10 to place. You would lose both your bets if your horse loses.
An Exacta, also known as a Perfecta, a Straight Forecast or a Straight Forecast is a type bet in which you must pick the horses that you believe would finish first and/or second in the correct order. An Exacta is similar to an Each-Way, but it costs twice as much.
A Reverse Exacta, also known as a Quiniela, is a type bet in which you must pick the horses you believe will be in first or second place, in any order.
Trifecta betting is similar to an Exacta, except you’d be choosing the horses you believe will be in first, second, or third place.
These terms cover horse racing and other sports you might be betting on. There are hundreds of terms for betting, including Yankee Bet, Union Jack Bet and Trixie Bet. These 6 terms should provide a solid foundation to build on.